innovation
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Cryptocurrency: A store of value for the current crisis?
Now that the global economy is in deep recession, investors are looking for crisis-proof stores of value. Cryptocurrencies are a new class of assets that could fulfill this need. Several European countries have already created or at least started to consider the legal frameworks necessary to institutionalize this innovation. One of the biggest remaining hurdles is a lack of knowledge about cryptocurrencies among the general public, especially of those who are investing in these new asset classes.
Public administration on a journey to decentralization
Blockchain has the potential to revolutionize public administration by fostering efficiency, transparency and automation. There are limits to the technology, but currently the main roadblocks are of a legal and organizational nature. Some governments have already started removing such hurdles or teamed up with technology providers to build innovative solutions.
Blockchain: An agent of profound change
Blockchain technology could profoundly change how states and governments operate. Its ability to quickly and securely transfer assets could disrupt current institutional frameworks and decentralize power. It is therefore unclear how far states will go to support blockchain, even though it could make their economies and their own operations more ...
Opinion: Cryptocurrencies – fears and opportunities
After a few years of hype, experts are now tamping down expectations for cryptocurrencies. Indeed, several concerns about security and regulation need to be addressed. But cryptocurrencies – and the blockchain technology they are based on – also offer tremendous room for innovation and efficiency. By competing with traditional fiat ...
Shortsightedness and stubbornness are holding Europe back
As European leaders rail against “populism,” many of them are taking on populist positions themselves: they are taking a hard line on Brexit, refuse to implement commonsense solutions on public debt, and are bowing to pressure against GMOs. All this will hurt Europe in the long term and diminish its ...
